PHILSERVICES: what changed
PHILSERVICES
Largest movements
- Receivables within one year +€14,711
up €14,711 (+256%), from €5,750 to €20,461
of which Other amounts receivable: +€14,856
- Cash -€3,298
down €3,298 (-94.2%), from €3,499 to €201
mainly Receivables within one year (-€14,711) and Tax, wage and social debts (-€2,308)
- Tangible fixed assets -€2,267
down €2,267 (-76.2%), from €2,975 to €708
- Profit (loss) carried forward +€9,126
up €9,126, from -€833 to €8,293
- Trade debts +€2,329
up €2,329 (+527%), from €442 to €2,771
- Tax, wage and social debts -€2,308
down €2,308 (-22.8%), from €10,115 to €7,807
- Gross operating margin +€2,927
up €2,927 (+23.2%), from €12,639 to €15,566
- Taxes +€1,677
up €1,677 (+61.1%), from €2,744 to €4,421
- Other operating charges -€1,019
down €1,019 (-98.4%), from €1,036 to €17
- Financial income +€536
up €536 (+415%), from €129 to €665
- Financial charges -€179
down €179 (-30.9%), from €581 to €401
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,224 | €21,370 | +€9,146 | +74.8% |
| Fixed assets | 21/28 | €2,975 | €708 | -€2,267 | -76.2% |
| Tangible fixed assets | 22/27 | €2,975 | €708 | -€2,267 | -76.2% |
| Furniture and vehicles | 24 | €2,975 | €708 | -€2,267 | -76.2% |
| Current assets | 29/58 | €9,249 | €20,662 | +€11,413 | +123% |
| Amounts receivable within one year | 40/41 | €5,750 | €20,461 | +€14,711 | +256% |
| Trade receivables | 40 | €145 | - | -€145 | |
| Other amounts receivable | 41 | €5,605 | €20,461 | +€14,856 | +265% |
| Cash at bank and in hand | 54/58 | €3,499 | €201 | -€3,298 | -94.2% |
| Total equity and liabilities | 10/49 | €12,224 | €21,370 | +€9,146 | +74.8% |
| Equity | 10/15 | €1,667 | €10,793 | +€9,126 | +547% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€833 | €8,293 | +€9,126 | |
| Amounts payable | 17/49 | €10,557 | €10,577 | +€20 | +0.2% |
| Amounts payable within one year | 42/48 | €10,557 | €10,577 | +€20 | +0.2% |
| Trade debts | 44 | €442 | €2,771 | +€2,329 | +527% |
| Suppliers | 440/4 | €442 | €2,771 | +€2,329 | +527% |
| Taxes, remuneration and social security | 45 | €10,115 | €7,807 | -€2,308 | -22.8% |
| Taxes | 450/3 | €10,115 | €7,807 | -€2,308 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,267 | €2,267 | = | 0.0% |
| Other operating charges | 640/8 | €1,036 | €17 | -€1,019 | -98.4% |
| Gross operating margin | 9900 | €12,639 | €15,566 | +€2,927 | +23.2% |
| Operating profit (loss) | 9901 | €9,336 | €13,282 | +€3,946 | +42.3% |
| Financial income | 75/76B | €129 | €665 | +€536 | +415% |
| Recurring financial income | 75 | €129 | €665 | +€536 | +415% |
| Financial charges | 65/66B | €581 | €401 | -€179 | -30.9% |
| Recurring financial charges | 65 | €581 | €401 | -€179 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | €8,885 | €13,546 | +€4,662 | +52.5% |
| Income taxes | 67/77 | €2,744 | €4,421 | +€1,677 | +61.1% |
| Profit (loss) for the period | 9904 | €6,141 | €9,126 | +€2,985 | +48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,141 | €9,126 | +€2,985 | +48.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.